Is Clemmons, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clemmons is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, Clemmons has remained a Seller's Market.

Key Takeaway

Clemmons is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Clemmons, NC

How much do homes in Clemmons, NC cost?

Median Sold Price

$385,250

$170/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$15,250(+4.1%)

Key Takeaway

Homes in Clemmons have sold for 4.1% more than they did a year ago.

Summary: The median home sold price in Clemmons was $385,250 in September 2024, up 4.1% from last year, and the median price per square foot was $170.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $65K$70K
+7.7%
2 $210K$226.8K
+8.0%
3 $332.9K$353.4K
+6.2%
4 $440.4K$455K
+3.3%
5+ $539.9K$544.6K
+0.9%

Summary: Clemmons housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.7%, 2 bedroom homes increased by 8%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 0.9%.

Median Sold Price Compared To Nearby Cities

Lewisville
+4.2%
Clemmons
+4.1%
Lewisville Township
+3.2%
Clemmonsville Township
+1.6%
South Fork Township
-6.0%

Housing Supply in Clemmons, NC

How many homes are available in Clemmons, NC?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
139149+7.2%

Summary: The Clemmons real estate market had 149 homes for sale in September 2024, a 7.2% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 10
-100.0%
2 129
-25.0%
3 6776
+13.4%
4 4048
+20.0%
5+ 1916
-15.8%

Summary: The Clemmons housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 13.4%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 15.8%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
3135+12.9%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clemmons, you may be able to get a good deal. 51.4% of homes here sold below asking price last month.

Summary: A total of 35 homes were sold or pending in Clemmons in September 2024, up by 12.9% month-over-month. Of the 35 sold homes, 51% were sold under asking, 31% were sold at asking, and 17% were sold over asking.

Days on Market for Clemmons, NC

How long does it take to sell a home in Clemmons, NC?

Average Sale Time

Sep 2023Sep 2024CHANGE
19 Days22 Days+12.7%

Summary: Homes in Clemmons had an average of 22 days on market in Sep 2024, up by 12.7% compared to last year.

Breakdown of Home Sale Times

24 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Clemmons are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 35 homes were sold in Clemmons; 69% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 30 Days Ago

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